GAIL updates on Integrated Tariff by PNGRB

On 22.03.2023, PNGRB, after conducting the due process, has determined the levelized "Integrated Tariff" for GAIL's Nine physically interconnected natural gas pipelines [(i) Integrated HVJ (ii) Dahej Uran-Dabhol-Panvel Pipeline (DUPL-DPPL) (iii) Jagdishpur - Haldia - Bokaro - Dhamra including Barauni-Guwahati and Dhamra-Haldia Natural Gas Pipeline (Integrated JHBDPL) (iv) Dadri-Bawana-Nangal Pipeline (DBNPL) (v) Chainsa Jhajjar Hissar Pipeline (CJHPL) (vi) Dabhol Bangalore Pipeline (DBPL) (vii) South Gujarat sub-network of the Gujarat Regional Pipeline Network (SG) (viii) Uran - Thal - Usar sub-network of the Mumbai Regional Pipeline Network (UTU) and (ix) Trombay-RCF sub-network of the Mumbai Regional Pipeline Network (Trombay RCF)] as Rs.58.61/MMBtu applicable with effect from 1st April, 2023. On issuance of zonal tariff order by PNGRB, the same shall be applicable from the first day of the month, following the month, in which zonal tariff order is issued by the Board.

Shares of GAIL (India) Limited was last trading in BSE at Rs. 105.05 as compared to the previous close of Rs. 105.45. The total number of shares traded during the day was 1358330 in over 5206 trades.

The stock hit an intraday high of Rs. 105.70 and intraday low of 102.10. The net turnover during the day was Rs. 142297703.00.

Source : Equity Bulls

Keywords

GAILIndia INE129A01019 PNGRB IntegratedTariff NaturalGasPipelines